Overview
What is University Nursery Schools Inc?
University Nursery Schools Inc is a thriving network of three childcare and early childhood education centers situated in Duluth, Minnesota. Serving up to 330 children from six weeks to six years old, these centers operate year-round, Monday through Friday. The organization's mission is to prepare children in the community for a successful and fulfilling future, striving daily to provide loving care and high-quality education that fosters healthy relationships and cognitive, emotional, intellectual, social, and physical growth. With a dedicated team of 131 employees, University Nursery Schools Inc actively works towards creating nurturing environments that stimulate and cultivate children's development.
Official website here: www.universitynurseryschool.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
University Nursery Schools Inc has received a solid Three-Star rating from Charity Navigator, indicating a generally positive evaluation of their accountability and finance practices. The organization scored 81% in the Accountability & Finance category, reflecting strong governance and fiscal responsibility. Notably, it boasts a fully independent board and maintains a commendable program expense ratio of 85.62%, suggesting that a significant portion of its resources is dedicated to its mission-related activities.
The strengths of University Nursery Schools Inc are highlighted by its adherence to best practices in governance. The organization has established policies for conflicts of interest and whistleblower protections, both of which are crucial for transparency and integrity. Additionally, there is no indication of material diversion of assets, further strengthening its reputation for accountability.
While the organization demonstrates effective financial management and governance, the rating also implies room for potential improvement in other areas of its operations. However, no specific limitations were noted in the data, indicating that the organization is currently performing well overall.
This AI summary has been generated from information found on Charity Navigator.
Is University Nursery Schools Inc legitimate?
University Nursery Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Nursery Schools Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $200,644
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,010,895
For more financial information, click here
Official website here: www.universitynurseryschool.org
What is the mission statement of University Nursery Schools Inc?
University Nursery Schools Inc's mission is focused on preparing children in the community for a successful and fulfilling future, stretching beyond their educational journey. The organization strives daily to provide nurturing care alongside high-quality, developmentally appropriate early childhood education. They aim to create environments, examples, and experiences that encourage the development of healthy and appropriate relationships with self, others, and the environment. Furthermore, University Nursery Schools Inc seeks to stimulate and cultivate cognitive, emotional, intellectual, social, and physical growth in these children.
Official website here: www.universitynurseryschool.org
Who is the CEO of University Nursery Schools Inc?
Channon Richardson is the President of University Nursery Schools Inc. The CEO's salary of University Nursery Schools Inc is $85,049 and their total compensation is $85,049.
Official website here: www.universitynurseryschool.org
What is the revenue of University Nursery Schools Inc?
University Nursery Schools Inc's revenue in 2022 was $2,907,548.
Official website here: www.universitynurseryschool.org
Who are the executives of University Nursery Schools Inc and what are their salaries?
The average compensation at University Nursery Schools Inc during 2022 was $16,882. There are 131 employees and 10 volunteers at University Nursery Schools Inc.
Here are 16 key members and their salaries (University Nursery Schools Inc's CEO's salary is $85,049 and their total compensation is $85,049):
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Official website here: www.universitynurseryschool.org
Where can I find the form 990 for University Nursery Schools Inc?
University Nursery Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.universitynurseryschool.org
Learn more at the official website: www.universitynurseryschool.org
Mission Statement of University Nursery Schools Inc
University Nursery Schools Inc, a nonprofit organization, is dedicated to preparing children from the community for a prosperous and fulfilling future, not just in their education, but beyond. The institution strives daily to provide loving care and high-quality, developmentally appropriate early childhood education. Its aim is to create environments, provide examples, and offer experiences that foster the development of healthy and appropriate relationships with oneself, others, and the environment. University Nursery Schools Inc further seeks to stimulate and cultivate cognitive, emotional, intellectual, social, and physical growth in the children under its care. In essence, the organization is committed to nurturing the holistic development of the children it serves, setting them up for success throughout their lives.
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Impact
July, 2024
University Nursery Schools Inc plays a vital role in the community by providing loving care and high-quality early childhood education to children aged 6 weeks to six years old in Duluth, MN. Through its network of three childcare and education centers, this organization serves up to 330 children, helping to prepare them for a successful and fulfilling future. By offering environments and experiences that promote healthy relationships with oneself, others, and the environment, University Nursery Schools Inc stimulates cognitive, emotional, intellectual, social, and physical growth in the children it serves. By doing so, they are contributing to the development of the next generation of well-rounded individuals.
This information is meant to be a general summary of University Nursery Schools Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $116
- Program Service Revenue: $2,599,128
- Gross Receipts: $2,907,548
Assets and Liabilities:
- Total Assets: $591,872
- Total Liabilities: $140,366
- Net Assets: $451,506
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION FEES
Revenue
$2,599,128
Organization Details
Founding Year
1972
Phone
(218) 269-0641Principal Officer
Channon Richardson
Main Address
916 EAST 3RD STREET SUITE 1, DULUTH, MN, 55805
NTEE Category
Code: B21 - Education
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